There was a quote out of the Mines and Money Conference in Hong Kong last week, I can't post the whole thing due to copyright but heres the point of interest:
Silver has resumed its stellar run, and hit US$38/ounce last night. This is getting very exciting. The market is only getting tighter. And the price should go higher.
David Morgan, founder of the Silver Investor gave a great presentation on the silver market yesterday that just about knocked me off my seat. He made a tight argument for silver to run pretty quickly to $100. If that sounds fanciful just bear in mind that it has already doubled in the last year.
DYOR Mat
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- final rates of 0,072 aud - silver 37,34 usd/oz
final rates of 0,072 aud - silver 37,34 usd/oz, page-16
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